What is the purpose of antitrust law?

The purpose of antitrust law in North Carolina is to protect and promote competition in the marketplace. This law mainly focuses on preventing businesses from creating monopolies or participating in anti-competitive practices that limit the ability of other businesses to compete. Antitrust law helps to ensure that consumers have access to the widest variety of goods and services at competitive prices. By preventing businesses from gaining an unfair advantage over their competitors, antitrust law helps to create a level playing field for all businesses, which helps to foster innovation and economic growth. Antitrust law is designed to protect small businesses from larger corporations that can have monopolistic power in certain industries. Additionally, antitrust law helps to protect consumers from companies that may attempt to charge unfair prices or use other deceptive tactics. In sum, the purpose of antitrust law in North Carolina is to promote competition in the marketplace and protect consumers and small businesses from unfair practices. By preventing businesses from achieving a monopoly over a certain market, antitrust law helps to ensure that competition remains strong and consumers have access to a variety of goods and services at competitive prices.

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What is the purpose of antitrust law?

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